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CA AB2401

Bill

Status

Introduced

2/21/2014

Primary Sponsor

Matt Dababneh

Click for details

Origin

State Assembly

2013-2014 Session

AI Summary

  • Extends the deadline for insurers to submit comments on adopted market conduct examination reports from 20 business days to 30 calendar days after transmittal by the Insurance Commissioner.

  • Extends the deadline for the Commissioner to publish adopted reports and insurer comments on the Department of Insurance website from 20 business days to 30 calendar days after transmittal.

  • Maintains existing requirements that the Department of Insurance publicly post all adopted market conduct examination reports related to unfair or deceptive insurance practices, with identifying information about policyholders redacted.

  • Does not require disclosure of company workpapers, internal documents, or preliminary examination reports.

Legislative Description

Insurance: public inspection.

Last Action

Referred to Com. on INS.

3/10/2014

Committee Referrals

Insurance3/10/2014

Full Bill Text

No bill text available